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Dec 27, 2012
12/12
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that was nancy pelosi's solution. raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan brk. it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. did the speaker miscalculate and do you think he'll be challenged for the speakership? >> no, he's not going to be challenged for the speakership. he didn't bring it to the floor. he decided not to, but he could have if they had had even 30 democrats willing to say i'll do what nancy pelosi said we should do and that plan brk would have passed. it would have demonstrated we were willing to put revenue on the table and got the wheels gree greased a little bit for a negotiation. >> john harwood tweeted this. he said gop house members and colleagues, i blame most of this on a block of about 50 members who have the political judgment god gave a goose. do you think the far right of your party is a big part of the problem in washington right now?
that was nancy pelosi's solution. raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan brk. it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. did the speaker miscalculate and do you think he'll be challenged for the speakership? >> no, he's not going to be challenged for the speakership....
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Dec 29, 2012
12/12
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for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one requiring apartments and condos to install carbon monoxide detectors. separately, employers will no longer be able to ask
for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house...
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Dec 26, 2012
12/12
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nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta. what are you seeing there? >> reporter: well, joe, it's pretty steady here. it's getting a little bit more crowded as the evening goes on. but i can tell you that some people are heading home after christmas and finding it tough to travel today because of that massive storm barreling through the country. it's wreaking havoc on the roads and in the air. snow, ice and high winds. >> we want to get out. >> it's always scary when you're flying that you'll be stuck in the airport. >> reporter: as massive storm it that left many in the midwest and parts of the sou
nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta....
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Dec 29, 2012
12/12
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so the last ditch effort the hail hary pass was the house of representatives saying fine let's take nancy pelosi and chuck schumer's bill that they proposed this summer to extend the tax rates on every household and every small business a million dollars and below, allow them to go up on the million dollars and above which is the current law on january 1, let's do that. that ought to be something we can agree on. let me add this. when we he voted on our bill in the house this summer it was a clean extension which was an extension for are everyone in america not only did every republican vote for that but 19 democrats did as well. so this is why it is so frustrating for those in the house is that now we are close to the cliff. >> greta: and frustrating -- >> and we can't even get a single democrat to join with us. >> greta: if you think you are frustrated try the american people as they watch what is going on. congressman, thank you, sir. good luck, sir. >> call the senate and get them to act. we can't negotiate with nothing. >> greta: i don't think they would listen to me. thank you, cong
so the last ditch effort the hail hary pass was the house of representatives saying fine let's take nancy pelosi and chuck schumer's bill that they proposed this summer to extend the tax rates on every household and every small business a million dollars and below, allow them to go up on the million dollars and above which is the current law on january 1, let's do that. that ought to be something we can agree on. let me add this. when we he voted on our bill in the house this summer it was a...
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Dec 27, 2012
12/12
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his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yea eric, that's where the ball is going now. but what i think the speaker and maybe majority leer eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise
his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got...
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Dec 29, 2012
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and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to reach a deal? who right now is involved in the negotiations? >> reporter: you know, this fiscal cliff that affects pretty much every american is now down to just a handful of people here at the capitol trying to work out a deal. at the top of the list are senators mcconnell and reid that you heard about in jessica's story. but also very important today will be their top staffers. their chiefs of staff. our producer, ted barrett, reports that the chiefs of staff will be working with each other trying to hammer out a deal, then talking to their bosses, the senators. then we'll find out tomorrow probably how far that deal can go. what's the starting point for that deal? we know a little bit. this is coming from senate majority leader harry reid as w
and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to reach a deal? who right now is involved in the negotiations? >> reporter: you know, this fiscal cliff that affects pretty much every american is now down...
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Dec 26, 2012
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his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctional and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yeah, eric, that's where the ball is going now. but what i think the speaker and maybe majority leader eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go
his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctional and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got...
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Dec 26, 2012
12/12
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house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare the laps of the tax cuts would mean the top tax rate would revert back to 39.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10% and for investors capital gains rates would revert to 20% from 15% and depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. dennis: quick follow-up. in terms of profitmaking in washington is now officially impossible to get a fix in place by december 31st? is it impossible? peter: it is not impossible. you
house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare...
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Dec 24, 2012
12/12
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nancy pelosi leader democrats in the house and harry reid, leader of senate democrats essentially saying entitlements are off the table when we know entitlements are the biggest drivers of debt. gregg: there may be a reason for that. marjorie, senator john barosso chairman of the republican policy committee put his finger on it. he believes the president is eager to go over the cliff for political reasons because he senses victory at the bottom of the cliff. those are his words verbatim and, you know, then the president gets to punish republicans. and he also might get more money in a for taxpayers, from taxpayers to expand the government. what about that? >> well i have a really hard time believing anybody, republicans or democrats would win from going over the cliff. talking about potentially putting country in recession, what it would do to the markets. here's the deal. these type of negotiations what we lost a $4 trillion opportunity when boehner and obama were at the table having talks prior to the holiday. what we're looking at really condensed timeline of $1.5 trillion. kay bailey
nancy pelosi leader democrats in the house and harry reid, leader of senate democrats essentially saying entitlements are off the table when we know entitlements are the biggest drivers of debt. gregg: there may be a reason for that. marjorie, senator john barosso chairman of the republican policy committee put his finger on it. he believes the president is eager to go over the cliff for political reasons because he senses victory at the bottom of the cliff. those are his words verbatim and,...
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Dec 26, 2012
12/12
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obama had nancy pelosi as speaker of the house. but hardly the same thing. host: from massachusetts on the line, democrat. caller: good morning. i have a comment and question. i am trying to find out, the situation you're in right now, why is everybody fighting about what we should do? i am gmt and i am broke every day. i'm down here with people that paid taxes and work hard every day. -- i am an emt. people don't understand that would ever happens with the fiscal cliff, people down here will survive. the republicans, this will definitely affect them in the future. i talked to people all over boston every day. nobody wants to vote for republicans anymore, because of the fact that they don't seem to care about people that struggle everyday. it's the people that have money but don't care about people who don't have money. it's been like that for hundreds of years. it's time for change. we have a democrat in the chair. the republicans had their chance when they had pushed. there's a lot of things that should be changed in this world. we rant on about the econom
obama had nancy pelosi as speaker of the house. but hardly the same thing. host: from massachusetts on the line, democrat. caller: good morning. i have a comment and question. i am trying to find out, the situation you're in right now, why is everybody fighting about what we should do? i am gmt and i am broke every day. i'm down here with people that paid taxes and work hard every day. -- i am an emt. people don't understand that would ever happens with the fiscal cliff, people down here will...
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Dec 26, 2012
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number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all. gregg: come on. >> the president has come back with a compromise. the people that have egg on their face are republicans. they've taken intractable positions where as the president has made concessions, boehner cannot show leadership to get anything passed through his congress right now. and, quite frankly, they're being sort of held by the tea party against some extraordinary positions that they have to take at a time when the paradigm has shifted. so i think the country is recognizing that the country -- gregg: looking a
number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't...